Corsicana & Co. Acquires New Holdings in Energy Transfer LP $ET

Corsicana & Co. bought a new position in shares of Energy Transfer LP (NYSE:ET) in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 51,040 shares of the pipeline company’s stock, valued at approximately $876,000.

Several other hedge funds and other institutional investors have also bought and sold shares of ET. Ryan Investment Management Inc. purchased a new stake in shares of Energy Transfer during the 2nd quarter worth $31,000. CNB Bank raised its holdings in Energy Transfer by 111.1% in the second quarter. CNB Bank now owns 1,900 shares of the pipeline company’s stock worth $34,000 after purchasing an additional 1,000 shares in the last quarter. HHM Wealth Advisors LLC lifted its position in shares of Energy Transfer by 54.4% during the second quarter. HHM Wealth Advisors LLC now owns 2,270 shares of the pipeline company’s stock valued at $41,000 after buying an additional 800 shares during the last quarter. Crowley Wealth Management Inc. bought a new stake in shares of Energy Transfer in the 2nd quarter valued at about $44,000. Finally, Pacific Center for Financial Services boosted its holdings in shares of Energy Transfer by 34.7% in the 1st quarter. Pacific Center for Financial Services now owns 2,586 shares of the pipeline company’s stock valued at $48,000 after buying an additional 666 shares in the last quarter. Institutional investors own 38.22% of the company’s stock.

Insider Buying and Selling

In other Energy Transfer news, Director Kelcy L. Warren acquired 1,000,000 shares of the firm’s stock in a transaction on Wednesday, November 19th. The stock was acquired at an average cost of $16.95 per share, for a total transaction of $16,950,000.00. Following the purchase, the director owned 104,577,803 shares in the company, valued at approximately $1,772,593,760.85. The trade was a 0.97% increase in their position. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders own 3.28% of the company’s stock.

Energy Transfer Stock Performance

Shares of ET stock opened at $16.40 on Friday. The firm has a market capitalization of $56.31 billion, a price-to-earnings ratio of 13.12, a price-to-earnings-growth ratio of 0.99 and a beta of 0.65. The company has a debt-to-equity ratio of 1.50, a current ratio of 1.41 and a quick ratio of 1.14. The business has a fifty day moving average of $16.67 and a 200 day moving average of $17.24. Energy Transfer LP has a 1 year low of $14.60 and a 1 year high of $21.45.

Energy Transfer (NYSE:ET) last posted its quarterly earnings results on Wednesday, November 5th. The pipeline company reported $0.28 earnings per share for the quarter, missing the consensus estimate of $0.34 by ($0.06). Energy Transfer had a net margin of 5.66% and a return on equity of 10.71%. The firm had revenue of $19.95 billion for the quarter, compared to analysts’ expectations of $21.84 billion. During the same quarter in the previous year, the firm posted $0.32 EPS. The firm’s revenue for the quarter was down 3.9% compared to the same quarter last year. As a group, research analysts expect that Energy Transfer LP will post 1.46 earnings per share for the current year.

Energy Transfer Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, November 19th. Shareholders of record on Friday, November 7th were given a dividend of $0.3325 per share. The ex-dividend date of this dividend was Friday, November 7th. This represents a $1.33 dividend on an annualized basis and a yield of 8.1%. This is a boost from Energy Transfer’s previous quarterly dividend of $0.33. Energy Transfer’s payout ratio is 106.40%.

Wall Street Analyst Weigh In

ET has been the subject of a number of analyst reports. Weiss Ratings reissued a “buy (b-)” rating on shares of Energy Transfer in a research report on Thursday. Jefferies Financial Group set a $17.00 price target on Energy Transfer and gave the stock a “hold” rating in a research report on Tuesday, October 28th. Royal Bank Of Canada raised Energy Transfer to a “moderate buy” rating in a research report on Monday, December 15th. JPMorgan Chase & Co. reduced their target price on Energy Transfer from $22.00 to $21.00 and set an “overweight” rating on the stock in a research report on Monday, November 24th. Finally, Barclays reiterated an “overweight” rating and issued a $25.00 price target on shares of Energy Transfer in a research note on Wednesday, October 15th. Thirteen research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $21.75.

Energy Transfer News Roundup

Here are the key news stories impacting Energy Transfer this week:

• Positive Sentiment: U.S. Army Corps of Engineers says the Dakota Access pipeline should continue operating — reduces regulatory/operational risk for a major pipeline that supports fee-based cash flow. Energy Transfer: An 8.1% Yield, Undervalued And A Buy As Debt Fears Are Overdone
• Positive Sentiment: Energy Transfer is upsizing capacity on the Transwestern Desert Southwest expansion — implies higher contracted volumes and near‑term revenue upside from incremental tariff income. Energy Transfer to Upsize Transwestern Pipeline’s Desert Southwest Expansion Project
• Positive Sentiment: Several bullish commentaries argue ET is undervalued with an ~8% yield and stable fee-based EBITDA (claims of 20–39% upside by 2026) — supports income-focused investor demand and buy-side interest. Energy Transfer: An 8.1% Yield, Undervalued And A Buy As Debt Fears Are Overdone
• Neutral Sentiment: Longer-term performance pieces and dividend roundups highlight ET’s high yield and multi-year returns — may attract income investors but are less likely to move intraday momentum. If You Invested $100 In Energy Transfer Stock 5 Years Ago, You Would Have This Much Today
• Negative Sentiment: Energy Transfer announced it is suspending development of the Lake Charles LNG export project to reallocate capital to pipeline projects — reduces potential high-margin LNG upside and signals more conservative capital deployment, which some investors view as lost growth optionality. Energy Transfer suspends development of its Lake Charles LNG export project
• Negative Sentiment: Morgan Stanley downgraded ET to equal weight from overweight — analyst downgrade can reduce institutional demand and weigh on sentiment near-term. Energy Transfer LP downgraded to equal weight from overweight at Morgan Stanley
• Negative Sentiment: Critical analyst pieces highlight execution risks, EBITDA pressures and misconceptions — adds to cautious investor narratives and can pressure the multiple. Energy Transfer: A Stock With Many Problems And Misconceptions
• Negative Sentiment: Short-term market commentary notes a recent share dip and intraday weakness — reflects the aggregate effect of the negative items above and analyst caution. Energy Transfer LP (ET) Stock Sinks As Market Gains: Here’s Why

About Energy Transfer

Energy Transfer (NYSE: ET) is a Dallas-based midstream energy company that develops and operates infrastructure for the transportation, storage and processing of hydrocarbons. The company’s operations focus on moving and storing natural gas, natural gas liquids (NGLs), crude oil and refined products through an integrated network of pipelines, terminals, storage facilities and processing plants. Energy Transfer provides core midstream services such as gathering, compression, fractionation, processing, and bulk transportation to support production and downstream supply chains.

Its asset base spans an extensive network across the United States, connecting producing regions, processing centers, petrochemical hubs and coastal and inland markets.